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Are You Looking Dive Into Crypto?
Web3 a hot topic at SXSW despite bear market and declining interest in NFTs
Giant rabbits wearing trendy outfits situated alongside cartoon characters with rainbows flowing out of their mouths lined the streets of South by Southwest (SXSW) last year. This is because two nonfungible token (NFT) projects — Doodles and Fluf World — dominated...
Celsius lawyer and adviser fees on track to reach $144M, community responds
Crypto lender Celsius Network’s lawyer and adviser fees amid its bankruptcy proceedings are projected to reach $144 million, triggering responses from crypto community members. In a March 21 tweet, software developer Cam Crews shared a spreadsheet compiling the...
SVB contagion: Australia reportedly asks banks to report on crypto
Australia’s prudential regulator has reportedly asked local banks to report on cryptocurrency transactions amid the ongoing contagion of Silicon Valley Bank’s (SVB) collapse.The Australian Prudential Regulation Authority (APRA) has started requesting banks to declare...
OKX latest proof of reserves reveals $8.9B in assets
The global cryptocurrency exchange OKX released its fifth proof-of-reserves (PoR) report, a practice it began in November 2022 to boost transparency in the industry. According to the latest edition, OKX holds $8.9 billion across Bitcoin (BTC), Ether...
Holding Bitcoin: A profitable affair 88.5% of days
Of the 4,593 days of Bitcoin’s existence as a tradable asset, BTC hodlers experienced 4,065 profitable days — challenging the historical narrative of depreciating volatility in crypto. As a result, holding Bitcoin (BTC) is provably profitable in the long...
BTC Miners Are Selling Moderately. Technicals Point to a Trend Reversal. Top Losers
All markets dropped following the central bank's Jackson Hole economic symposium on Friday, with the Nasdaq down almost 4%, the S & P 500 losing 3%, and Bitcoin falling 6% for the day as well. (Read More)
Potential Fed Tightening Driving Short Term Crypto Sentiments: Analyst
The digital currency ecosystem has continued to experience volatility, with a declining market capitalization sweeping across the board. An analyst suggests the crypto market is still subject to Federal Reserve’s continuous quantitative tightening policy. (Read More)
Fed Rate Hike Unclear, Bitcoin Falls Below $21,000
The largest cryptocurrency, bitcoin, tumbled more than 9 percent to below $21,000, hitting a new low in late July. Bitcoin also posted its biggest one-day drop since June. (Read More)
Not So Bad Inflation Relieves the Crypto Market, Big Players Are Back. Gainers Overview
Markets across the board, as well as crypto markets, were boosted by US inflation coming in better than expected. Since market participants had been pricing in a deeper decline of 8.7%, July's 8.5% fall was a sign of relief for risk markets. (Read More)
Enthusiasm to Sell in the Crypto Market Subsided amid Prices Stabilize
The urge to sell in the cryptocurrency market has dwindled based on the surge of leading coins, according to on-chain insight provider Santiment. (Read More)
Digital Currency Market Live Pricing
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Why Invest in Crypto?
Like it or not, cryptocurrency is practically everywhere these days and no longer just for day traders and nerds. In fact, many traditional businesses are integrating cryptocurrency into their platforms in some form, or using it as a means to launch other types of products. If you’re looking to invest or would like to explore other options follow the button to learn about Crypto Exchanges.
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